bank acquired properties

Asiatrust bank acquired assets for sale as of November 11, 2009

by Cherry Castillo on December 8, 2009 · 2 comments

in Asiatrust

Post by Cherry Castillo In my research on foreclosed properties which I found on bank websites from my husband’s post: Ultimate List of Bank Websites, I became interested in a foreclosed property from Asiatrust Bank which was located at Pinaglabanan Ext., San Juan, priced at around P1.5M so I called up their Acquired Assets Group. [...]

PDIC to sell bank acquired properties of closed banks through sealed bidding

by Jay Castillo on December 4, 2009 · 14 comments

in PDIC, Repossessed Cars

I recently came across an invitation to bid from the Philippine Deposit Insurance Corporation (PDIC). This invitation to bid is quite interesting because the properties that are for sale through sealed bidding are actually the Real and Other Properties Acquired (ROPA) of closed banks. I guess this helps confirm my answer to a recent comment by [...]

CBRE to hold Property "Pac-yawan" Bazaar Christmas Public Auction of bank acquired properties

by Jay Castillo on December 2, 2009 · 12 comments

in CBRE

CBRE will hold its Property “Pac-yawan” Bazaar Christmas Public Auction of bank acquired properties this coming December 10, 2009, Thursday, 3:00PM, at the Brasserie, 21st Floor, Security Bank Bldg., Ayala Avenue, Makati City, Philippines. Show Money is only Php25,000. Bank financing is available but if not approved, in-house financing can be considered, subject to management’s [...]